The post Bitcoin ETF outflows soar over 700%, led by Fidelity’s FBTC appeared on BitcoinEthereumNews.com. U.S. spot Bitcoin ETFs saw a big spike in net outflows on Feb. 24, with most of it coming from Fidelity and BlackRock’s funds as market sentiment turned sour. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded […]

The post U.S. Bitcoin ETFs Post Year’s 2nd-Biggest Outflows, More May Be on the Way appeared on BitcoinEthereumNews.com. U.S. spot-listed bitcoin (BTC) exchange-traded funds (ETFs) experienced the second-biggest outflows of the year on Monday, dropping $516.4 million, Farside data shows. The withdrawals, the ninth net outflow in 10 days, reflect a growing discomfort with the […]

The post 3-Month Punishment Over Regulatory Violations appeared on BitcoinEthereumNews.com. Upbit, one of the largest Korean crypto exchanges by trading volume, faces a three-month particle suspension for violating industry regulations. This development is the culmination of regulatory clampdowns on the platform following South Korea’s move to open an antitrust investigation against Upbit exchange. Upbit Suspended Amid […]

The post BTC, ETH and XRP Lead Sell-off appeared on BitcoinEthereumNews.com. In the aftermath of the Bybit hack, the crypto market sell-off is deepening, with combined crypto liquidations reaching $1.34 billion in the past 24 hours. While Bitcoin (BTC), Ethereum (ETH) and XRP are leading this sell-off, almost all altcoins in the top 100 are experiencing […]

The post OKX aims for regulatory ‘gold standard’ after $500 million settlement with US authorities appeared on BitcoinEthereumNews.com. OKX aims to become a leader in regulatory compliance after resolving a $500 million settlement with US authorities. On Feb. 24, OKX CEO Star Xu acknowledged past lapses in compliance but stressed that US customers only represented […]

The post $180 Would Be ‘Generous’ for Strategy, Top Angel Investor Says appeared on BitcoinEthereumNews.com. Prominent American angel investor and entrepreneur Jason Calacanis has predicted that $180 would be a “generous” price target for business intelligence firm Strategy (MSTR) based on the level of risk of debt load.   The 54-year-old entrepreneur has added that the […]

The post Ethereum Gaining Ground on Bitcoin: Taker Buy-Sell Ratio and Cost Basis Trends Point to Stronger Sentiment appeared on BitcoinEthereumNews.com. Current market trends indicate that Ethereum ($ETH) is experiencing a surge in investor interest as sentiment pivots away from Bitcoin ($BTC) in the near term. Primary metrics like the taker buy-sell ratio and cost […]

The post FTX Founder SBF’s Tweet Triggers 44% Rally in FTT Price appeared on BitcoinEthereumNews.com. FTX’s native token, FTT, has been experiencing a rollercoaster of price action, particularly following recent corrections. Despite FTX beginning payouts to its creditors, the altcoin struggled to regain its footing in the market over the past week.  However, today marked […]

The post Ethereum Faces Struggles as Investors Retreat appeared on BitcoinEthereumNews.com. Ethereum (ETH), a prominent player in the altcoin arena, finds itself in a precarious situation as market uncertainties loom large. A notable dip in risk tolerance among traders is adversely affecting ETH’s price trajectory. This trend became evident following a sharp decline on February […]

The post Gold corrects lower on global market uncertainty due to Trump seeking to tighten restrictions on China appeared on BitcoinEthereumNews.com. Gold price edges lower on Tuesday along with yields and equities. The Trump administration seeks to toughen its semiconductor restrictions on China.  Gold heads back to $2,930 and looks heavy with an overall market […]